Big question with a small answer. Who knows…
Best guess is that because HM Government have consistently delivered what they have preached for the last few years, including reform of umbrella worker expenses, IR35 in the public sector, and making distributions from limited companies less efficient, both on winding-up and from profitable trading (reduced dividend allowance) it’s therefore relatively safe to assume that they’ll introduce some reform to the private sector on 6 April 2019.
Another assumption that we can make is that given the challenging timescale to April 2019 (and lack of clarity from HMRC), the supply chain’s reaction to the reform will be “last minute”, rushed and will have operational consequences in the weeks following 6 April.
Our technology can help agencies get over the pending IR35 “pinch-point”
Deploying our technology will help you manage various challenges that emerge from IR35 reform to the private sector. These include:
- Migrating workers from limited company to umbrella, quickly and easily
- Recognising and mitigating any new tax compliance risk
- Improving internal agency business processes and payment flow
- Deploying mobile apps to help workers adjust to required changes